Wealth is the value of all the assets, which includes natural resources and human capital but generally excludes money and securities. It s determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. There are Two common types of economic wealth, which are (1) Monetary wealth, and (2) Non-monetary wealth. Wealth can be a normative process with various ethical implications, since often wealth maximization is seen as a goal or is thought to be a normative principle of its own.
About Wealth
